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Capital gains:cutting taxes on buy-to-lets could free up houses for first-timers and families

Prime Minister Theresa May doesn’t need to bother building hundreds of thousands of new homes.

She should just give landlords who are sitting on properties that they no longer want a tax incentive to sell them, don’t you think?

That’s what a reader and fellow landlord suggested to me recently and while the idea of the Government giving a tax break to the privileged, multi-property owning class might gross out many people, it actually might make sense.

I mean, there are many landlords who have made shedloads of money out of their rentals,

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What if interest rates rose to 2pc ?


British families would struggle if interest rates rose to 2pc or more, as soaring mortgage debts have accumulated during years of rock-bottom borrowing costs, the Bank of England has warned.

The vast majority of households can comfortably afford their loans at the current base rate of 0.5pc, the Bank’s Financial Policy Committee said, with indications of financial strain substantially below those seen just before the financial crisis.

Mark Carney and his colleagues increased the base rate from 0.25pc to 0.5pc in November and are expected to move to 0.75pc in May.

But the FPC, which

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UK house price growth lowest for 5 years, says Halifax

The rate of house price growth in the UK slumped to just 1.8% in the year to February, according to the country’s largest lender, the Halifax.

That is the lowest rate of increase since March 2013.

The Halifax said that the average price of a home has fallen from £226,408 in November, to £224,353 last month. That is a fall of £2,055.

However, prices actually rose by 0.4% in February, following two months in which values declined.

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EPC laws, Brits still unaware of their impact

Ahead of new EPC laws, Brits still unaware of their impact

• 73% of landlords/tenants are not aware of their property’s EPC rating
• 65% aren’t aware that improving their rating could save them money
• 95% have not measured their EPC rating

New research has emerged revealing a number of staggering misconceptions around how Energy Performance Certificate (EPC) ratings can impact a property’s environmental footprint and save a landlord or tenant money.

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UK Property Market is Looking Positive

UK house price growth has been slowing since the summer of 2014, but forecasts predict a positive outlook for the next few years. According to real estate firm Knight Frank, price growth across the nation is expected to be 1% in 2018, reaching 14.2% cumulatively between 2018 and 2022. However, prices in London are forecast to fall by 0.5% in 2018. It is widely thought that cumulative growth over the next five years will be positive in the capital though – sitting at 13.1%.

A continuing trend is slightly stronger growth

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House XXL

The Average UK Property Now Sells for £10,623 Less Than the Asking Price

Research by Zoopla has shown that the average home in England and Wales is being sold for almost £11,000 less than the asking price. Final sale prices have slipped 0.32% year-on-year, with vendors in Wales the worst off – where homes are now being sold for 5.87% less than the original list price. Across the UK, accepted offers are, on average £10,623 less than the originally advertised price.

From a regional perspective, properties in the notoriously expensive South East of England are selling closest to the amount advertised – having dropped

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Stamp Duty Changes – How Much Will You Have To Pay?

After the announcement in the budget that stamp duty for first time buyers has been abolished for anyone buying a property worth up to £300,000 – we thought it would be good to remind you what you’ll have to pay as a ‘next time’ buyer.

For properties up to £125,000 the rate remains at 0%. Those priced £125,001 to £250,000 have a rate of 2% and those at £250,001 to £925,000 a rate of 5%. Properties priced between £925,001 to £1.5 million have a rate of 10% and those lucky enough

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The Midlands Is Surpassing London When It Comes To Investor Interest!

The 2017 Property and Construction Outlook report from Crowe Clark Whitehill reported that the West Midlands is ahead of London in terms of regions that offer the best outlook for property investment over the next 12 months.

The Midlands is fast becoming a much more attractive investor opportunity on a yield/income basis in comparison to London (where prices have fallen by an average of 6.9% each year since 2014).

The government has highlighted Birmingham and the West Midlands as an engine for economic growth for the UK economy; with many large companies

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Lovely Village Location

We are delighted to offer this two bedroom semi detached property in the village of Catthorpe.

The property consists of a large fitted kitchen and two reception rooms both with open fires downstairs. Upstairs, there are two bedrooms and a large family bathroom.

There is plenty of parking at the front of the property as well as gardens to the rear and side.

The property has double glazing and oil fired central heating.

Catthorpe is a small village located in between Rugby & Lutterworth. There is a lovely farm shop with tearoom and a

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Interest Rates Cut Put On Hold

The Bank of England has kept its base rate to 0.50 per cent, despite many analysts expecting it would be cut to 0.25 per cent in what would have been the first change in over seven years.

A cut was widely interpreted by industry commentators as a bid to bolster the housing market against what is expected to be a drop in transactions thanks to the economic uncertainty following the EU referendum.

This morning the Royal Institution of Chartered Surveyors released figures suggesting that since the EU Brexit vote, new buyer enquiries

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